Nihon Seiko Co., Ltd. reported unaudited consolidated earnings results for the year ended March 31, 2015. For the year, the company reported net sales of ¥13,167 million, operating income of ¥969 million, ordinary income of ¥973 million and net income of ¥603 million or ¥49.38 per share against net sales of ¥12,054 million, operating income of ¥672 million, ordinary income of ¥653 million and net income of ¥396 million or ¥32.41 per share for the same period a year ago. Return on equity was 12.5% against 9.0% a year ago. Income before income taxes and minority interests was ¥966,976,000 against ¥645,061,000 for the same period a year ago. Net cash provided by operating activities was ¥602 million against ¥1,370 million a year ago. Purchase of property, plant and equipment was ¥305,678,000 against ¥419,904,000 a year ago. Purchase of intangible assets was ¥6,049,000 against ¥3,231,000 a year ago.

For the first half 2015, the company provided consolidated earnings guidance for the first half of 2015. For the first half of 2015, the company expects net sales of ¥6,900 million, operating income of ¥500 million, ordinary income of ¥480 million and net income of ¥300 million or ¥24.56 per share.

For the year ending March 31, 2016, the company expects net sales of ¥13,900 million, operating income of ¥1,000 million, ordinary income of ¥980 million and net income of ¥610 million or ¥49.94 per share.

For the full year of 2015, the company announced dividend of ¥7.00 per share.

For the second quarter of 2016. The company expects dividend of ¥5.00 per share against same amount declared a year ago.

For the fiscal ended March 31, 2016. The company expects dividend of ¥5.00 per share against same amount declared a year ago.